At a Glance
Average Property Price - PL17
£297,399
41
National percentile
Average Monthly Rent - PL
£982
47
National percentile
Average Net Household Income - PL17
£35,309
33
National percentile
Flat / Maisonette Yield - PL
5.7%
60
National percentile
10-Year Annualised Price Growth - PL17
4.0%
65
National percentile
10-Year Annualised Rent Growth - PL
3.8%
45
National percentile
Property Price & Volume Trends
The average property price in PL17 is £297,000, placing it slightly below the national midpoint. Over the past decade, prices have grown at 4.0% annually, broadly in line with the national trend. Transaction activity has softened in the latest year, with 141 sales compared to a 10-year average of 175 annually.
Rent & Yield Trends
Average monthly rent stands at £982, close to the national median. Rent growth over ten years has been 3.8% per annum, slightly below the national pace. The flat yield currently sits at 5.7%, notably higher than the 10-year average of 4.7%, reflecting improved rental returns in the current market.
Income & Affordability Trends
Average household income of £35,309 falls below the national average. The price-to-income ratio of 8.5x has deteriorated since 2016 (when it was 7.2x), indicating that property purchase affordability has worsened. Rental affordability has remained essentially stable, with the rent-to-income ratio at 27.6% compared to 27.7% in 2016.
Resident Demographic Profile
The population is notably older, with nearly 28% aged 65 and over against a national average of 19.6%, and just 7.8% aged 16–24 compared to 11.0% nationally. Housing tenure is heavily skewed towards outright ownership at 47.2%, well above the national 33.7%, with correspondingly lower mortgage and private rental shares. The employment mix is distinctive for a high proportion in trades (17.0% versus 10.5% nationally) and plant/machine roles, reflecting the area's rural and industrial character.